Hot Chips - Everonn Systems India

BSE Code: 532876
Volume: 27743
CMP: Rs 227

Everonn Systems India is a leading education and training company offering a range of services that include creating educational and training content of global relevance, designing and executing large learning initiatives and setting up the requisite infrastructure. It is expected to get least affected by the ongoing global financial turmoil. According to a fund manager, the education sector could be considered for long-term investment on account of the growing Indian demographics.  While the sector has limited listed players, Everonn is one of the aggressive companies of the lot. It has one of the highest returns on equity amongst its peers and enjoys decent margins. Therefore, investors eyeing for long-term gain can take exposure in the counter. Technically, the counter has witnessed huge volumes and has been finding the investors' fancy for quite sometime. Therefore, investors planning for medium to long-term investment can add the scrip to their portfolio.